Adventure lifestyle brand seeking £6m funding - Insider Media
Summary
Arksen was founded in 2018 by Jasper Smith and aims to support the next-generation of explorers and conservationists. Its range includes vessels, off-road vehicles and performance wear.Initially rooted around its core marine offering, Arksen has developed three key complementary business pillars - marine, automotive and apparel.The company, which has its registered office in Haywards Heath, reported revenues of \xa310.5m in FY 2022 and has a forward order pipeline of more than \xa3100m.Jasper Smith, founder and chief executive at Arksen, said: "This comes at a pivotal moment for Arksen. Our successful fund raisings to date and the profile we have built amongst our clearly defined luxury adventure audience are testament to appetite for our iconic products and pioneering engineering, overlaid with our deep commitment to sustainability and innovation. "We can see a clear path to creating a sector-leading brand in the global exploration space using our established partners and have a well-defined marketing strategy to 2027 to leverage dynamic growth in our addressable markets."